Smoothies - UK - September 2010

Description

Description

The smoothies category has seen its exponential growth – driven by the success of Innocent – checked in the past three years, with the economic downturn seeing many consumers switching to cheaper alternatives such as pure fruit juices.

However, the decline of the category has also been due to negative publicity around adverse health effects and brands such as Innocent have not made a strong enough case as to why they are worth paying more for in spite of people having less money to spend.

Heavy discounting has failed to arrest the decline in the smoothie market, with consumers continuing to switch to cheaper alternatives such as fruit juice. As a result, the market declined by 36% between 2007 and 2009, following strong growth (+159%) between 2005 and 2007.

Despite strong supporting evidence from the British Nutrition Foundation, Innocent has failed to defend itself, and the smoothie category in general, from accusations that smoothies are calorie laden and bad for your teeth.

Innocent dominates the market, accounting for 80% of all value sales despite having a torrid time over the last two years. This is mainly on account of Pepsico’s decision to discontinue market number two brand PJs, and its lack of success in extending the Tropicana brand into the smoothies market to fill the gap.

Smoothie brands should be shouting louder about their exotic flavours, with three quarters of drinkers finding their exotic combination of fruits exciting.

Smoothies should also be targeting the impulse channel more, as time pressed consumers look for a quick health fix, rather than relying on sales of litre cartons in supermarkets, where margins are being eroded by heavy discounts.

About the report

This report will give you a complete 360-degree view of your market. Not only is it rooted in robust proprietary and high-quality third-party data, but our industry experts put that data into context and you’ll quickly understand:

The Consumer

What They Want. Why They Want It.

The Competitors

Who’s Winning. How To Stay Ahead.

The Market

Size, Segments, Shares And Forecasts: How It All Adds Up.

The Innovations

New Ideas. New Products. New Potential.

The Opportunities

Where The White Space Is. How To Make It Yours.

The Trends

What’s Shaping Demand – Today And Tomorrow.

Please Note: This is a sample report. All of the figures, graphs, and tables have been redacted.